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Hello Jimmy,
and another question again:
i can`t get how the Greeks are calculating for binomial model?
looking to EL code for it i see that it refers to BS model.
can anybody clear this up?
JS> omegatrader,
JS> It means you don't know the basics of options yet and should never
JS> trade them. Sorry couldn't resist.
JS> When you buy 5 contracts it is "to open" You have opened a position
JS> when you didn't have a position. If you sold 5 contracts to open it
JS> means you shorted five when you had no position. If you own 5 and
JS> sell 15 then 5 of them close the position you had and the 10 are short
JS> and it is an opening position.
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Best regards,
omegatrader mailto:omegatrader@xxxxxxxxxx
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